IAHL Corporation (IAHL)

[johncee]

COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
IBAC Corporation Filed its Application for Electronic Filing Status with the SEC

NEW YORK, Jan 05, 2007 (BUSINESS WIRE) -- IBAC Corporation (Pink Sheets:IBCX), a Hospitality Holding Company, today announced that it had filed its application for electronic filing status with the SEC, the SEC has rejected the application based on previous filings as they were "paper filings" the company is in the process of correcting this.

The SEC has informed the company that to be able to file reports electronically that it must have had filed previously via electronic filing, so the company now is in the process of "back tracking" per the SEC instructions to correct this situation.

"The company will correct this matter, so that we may file the appropriate (electronically) paperwork for its stated goals. The company intends to become a fully reporting and trading OTCBB company," stated Wayne Burmaster President IBAC Corporation.

IF THE COMPANY WAS UNDER INVESTIGATION THEY WOULD NOT BE ABLE TO PUT OUT A PRESS RELEASE LIKE THIS ONE. There has not been any news about such a thing, if there was they would be required to pr it. What is your agenda?

IMO people are getting impatient and selling, watch news come out today and we bounce back to .002 or .0023